Social footprint: social value, shared value

At MAPFRE, we are concerned about the social footprint of our activity and we understand that to be relevant in the long-term, we must continue to develop our business while also promoting people's well-being. One of the objectives of or Corporate Social Responsibility Policy is to convey the social value that we generate in each of the territories where we are present. We do this by reconciling the company's social value with the value of the not-for-profit activities we carry out, primarily through Fundación MAPFRE.

Contribution of the business and as an Investor

Of the consolidated revenues of more than 27.9 billion euros generated in 2017 (27.1 billion euros in 2016), MAPFRE made economic contributions to society in general via multiples payment types, which are detailed below.

Item

2017

Benefits paid (1)

16,457.5

Payments to providers (2)

6,346.5

Salaries and other (3)

1,541.7

Activity subtotal

24,345.7

Dividends (4)

1,019.5

Shareholders subtotal

1,019.5

Net income tax payment

497.8

Social security

243.2

Public administrations subtotal

741.0

Interest paid

67.9

Financing subtotal

67.9

Total

26,174,1

Figures in millions of euros
(1) Benefits paid and related expenses of accepted direct insurance and reinsurance.
(2) Includes payment of commissions and other activity services.
(3) Salaries amounted to 1,234.9 million euros in 2017 (1,211.8 million euros in 2016).
(4) Dividend payments made during the year.

More than 32,000 employees benefit from some form of work-life balance measure: flexi-time, part-time, reduced workday, telecommuting, paid and unpaid leave, leave of absence for personal or study purposes, reintegration programs for employees following a protracted leave of absence.